Adani Green Energy (AGEL) announced a 39% YoY increase in energy sales for H1 FY26. Revenue grew by 26%, reaching ₹6,088 crore, with EBITDA rising 25% to ₹5,651 crore. Operational renewable energy capacity expanded by 49% YoY to 16.7 GW. The company continues development of its 30 GW Khavda RE plant in Gujarat, projecting operationalization by 2029.
Strong H1 FY26 Performance
Adani Green Energy Ltd (AGEL) reported robust financial results for the half year ended September 30, 2025, demonstrating significant growth in key performance metrics:
- Energy Sales: Increased by 39% YoY.
- Revenue: Grew by 26% YoY to reach ₹6,088 crore.
- EBITDA: Rose by 25% YoY to ₹5,651 crore, surpassing the annual EBITDA for FY23.
- EBITDA Margin: Achieved an industry-leading margin of 91.8%.
- Cash Profit: Surged by 17% YoY to ₹3,094 crore.
Capacity Expansion and Operational Excellence
AGEL’s operational renewable energy capacity reached 16.7 GW, a 49% YoY increase. This includes a greenfield addition of 2.4 GW in H1 FY26, accounting for 74% of the total capacity added in FY25. The company aims to reach a capacity of 50 GW by 2030.
Khavda RE Plant Development
AGEL is steadily progressing in the development of its 30 GW renewable energy plant at Khavda, Gujarat, spread across 538 sq km. The company aims to achieve 30 GW RE capacity at Khavda by 2029. Operational portfolio at Khavda already stands at 7.1 GW with advanced technologies like robotic solar module installation.
Financials
Key Standalone Financial figures (₹ in crores) for the Quarter ended September 30, 2025:
- Total Income: ₹4,198
- Profit After Tax: ₹475
Key Standalone Financial figures (₹ in crores) for the half year ended September 30, 2025:
- Total Income: ₹9,220
- Profit After Tax: ₹509
Key Consolidated Financial figures (₹ in crores) for the Quarter ended September 30, 2025:
- Total Income: ₹3,249
- Profit After Tax: ₹644
Key Consolidated Financial figures (₹ in crores) for the half year ended September 30, 2025:
- Total Income: ₹7,255
- Profit After Tax: ₹1,468
Source: BSE